Securitize partners with Japan's DeCurret for tokenized deposit settlement

Tokenization company Securitize, headquartered in San Francisco, is partnering with Japan's DeCurret to conduct tokenization deposit settlement. DeCurret has the DCJPY tokenization deposit project, and this cooperation aims to use bank tokenization deposits to settle securities token transactions. The DCJPY platform is scheduled to go live in July. It involves two parts: a financial area for deposit tokens and multiple business areas for asset transfers. Funds transfers and asset transfers are synchronized using blockchain interoperability solutions (IBC).